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State the term- adequate working capital
If a firm doesn't have adequate working capital, that is, it doesn't invest sufficient funds in current assets, it can become illiquid and therefore may not have the ability to meet its current obligations and, therefore, invite the risk of bankruptcy. If current assets are too large, profitability is adversely affected. Key strategies and considerations in ensuring a trade-off between liquidity and profitability is one major dimension of working capital management. Furthermore, individual current assets must be efficiently managed so that neither inadequate nor unnecessary funds are locked up.
d iscuss the relationship between finance management,economics,accounting, and mathematics. illustrate/show through a venn diagram
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Employee Benefit Plan - Compensation arrangement, usually in writing, used by employers in addition to wages or salary. Some plans like group term life insurance, medical insuranc
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